# Bilibili Inc.: overview

BILI · Nasdaq · CIK 1723690 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bili.md) · [Financials](/companies/bili/financials.md) · [Filings](/companies/bili/filings.md) · [Insiders](/companies/bili/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,042](/filings/0001193125-22-116261.md) | [3,175](/filings/0001193125-23-119748.md) | [3,173](/filings/0001193125-24-078124.md) | [3,676](/filings/0001193125-25-061847.md) | [4,340](/filings/0001193125-26-157842.md) |
| Gross margin | % | [20.9%](/filings/0001193125-22-116261.md) | [17.6%](/filings/0001193125-23-119748.md) | [24.2%](/filings/0001193125-24-078124.md) | [32.7%](/filings/0001193125-25-061847.md) | [36.6%](/filings/0001193125-26-157842.md) |
| Operating margin | % | [(33.2%)](/filings/0001193125-22-116261.md) | [(38.2%)](/filings/0001193125-23-119748.md) | [(22.5%)](/filings/0001193125-24-078124.md) | [(5.0%)](/filings/0001193125-25-061847.md) | [3.7%](/filings/0001193125-26-157842.md) |
| Net margin | % | [(35.1%)](/filings/0001193125-22-116261.md) | [(34.3%)](/filings/0001193125-23-119748.md) | [(21.4%)](/filings/0001193125-24-078124.md) | [(5.1%)](/filings/0001193125-25-061847.md) | [3.9%](/filings/0001193125-26-157842.md) |
| Diluted EPS | $ per share | [(2.80)](/filings/0001193125-22-116261.md) | [(2.75)](/filings/0001193125-23-119748.md) | [(1.64)](/filings/0001193125-24-078124.md) | [(0.44)](/filings/0001193125-25-061847.md) | [0.39](/filings/0001193125-26-157842.md) |
| Free cash flow | $m | [(567)](/filings/0001193125-22-116261.md) | [(677)](/filings/0001193125-23-119748.md) | [11.9](/filings/0001193125-24-078124.md) | [760](/filings/0001193125-25-061847.md) | [949](/filings/0001193125-26-157842.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bili/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $64.7m | 3,801,325 |  | Added +630,146 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $53.1m | 3,118,800 | Call | Added +260,500 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $51.7m | 3,037,810 |  | Reduced −2,234,130 |
| [SIH Partners, LLLP](/funds/1996244.md) | 2026-06-30 | $33.2m | 1,946,895 |  | Reduced −112,515 |
| [Yiheng Capital Management, L.P.](/funds/1447228.md) | 2026-06-30 | $25.4m | 1,489,815 |  | Added +749,900 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $24.6m | 1,446,400 | Put | Added +178,000 |
| [PANAGORA ASSET MANAGEMENT INC](/funds/883677.md) | 2026-06-30 | $23.8m | 1,398,022 |  | Added +252,153 |
| [LMR Partners LLP](/funds/1578621.md) | 2026-06-30 | $22.1m | 1,297,100 | Put | Unchanged |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $19.3m | 1,133,031 |  | Added +698,834 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $18.1m | 1,063,900 | Call | Added +265,300 |

## Recent filings

[All 347 filings](/companies/bili/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-08 | 10:04 ET | [6-K](/filings/0001193125-26-417358.md) | Report of a foreign private issuer, period 2026-10-08 | 0001193125-26-417358 |
| 2026-09-25 | 10:42 ET | [6-K](/filings/0001193125-26-401540.md) | Report of a foreign private issuer, period 2026-09-25 | 0001193125-26-401540 |
| 2026-09-24 | 12:35 ET | [6-K](/filings/0001193125-26-400258.md) | Report of a foreign private issuer, period 2026-09-24 | 0001193125-26-400258 |
| 2026-09-16 | 20:06 ET | [6-K](/filings/0001193125-26-393066.md) | Report of a foreign private issuer, period 2026-09-16 | 0001193125-26-393066 |
| 2026-09-09 | 12:19 ET | [6-K](/filings/0001193125-26-385939.md) | Report of a foreign private issuer, period 2026-09-09 | 0001193125-26-385939 |
| 2026-09-08 | 10:01 ET | [6-K](/filings/0001193125-26-384281.md) | Report of a foreign private issuer, period 2026-09-08 | 0001193125-26-384281 |
| 2026-09-04 | 20:01 ET | [6-K](/filings/0001193125-26-383611.md) | Report of a foreign private issuer, period 2026-09-04 | 0001193125-26-383611 |
| 2026-09-03 | 11:13 ET | [6-K](/filings/0001193125-26-381021.md) | Report of a foreign private issuer, period 2026-09-03 | 0001193125-26-381021 |
| 2026-08-27 | 20:05 ET | [6-K](/filings/0001193125-26-371261.md) | Report of a foreign private issuer, period 2026-08-27 | 0001193125-26-371261 |
| 2026-08-07 | 10:06 ET | [6-K](/filings/0001193125-26-339028.md) | Report of a foreign private issuer, period 2026-08-07 | 0001193125-26-339028 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-157842.md), filed Apr 16, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1723690
- Tickers: BILI, BLBLF
- Exchange: Nasdaq
- SIC code: 7374 Services-Computer Processing & Data Preparation
- State of incorporation: E9
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.
